Airdrops are another way to distribute crypto tokens. Initial coin offering is the main way blockchain project created new issued digital tokens. Recently, airdrop has emerged in new tokens distribute method. In this way when any blockchain project distributes coins or tokens that called airdrops. Through this method many companies distribute blockchain free tokens. This type of method known as the airdrop. In different way you can receive free crypto tokens.
What Are Airdrops Tokens?
To receive free crypto Tokens you need to have the coins from the relevant block chain projects store in your wallets. There have several examples who are provided free crypto tokens among their community. For example, Byteball, Stellar Lumens and OmiseGo issued airdrop tokens among the coin holders.
Airdrop tokens is one of the free ways to make money on the internet. In a simple way to explain what is airdrop token, then the answer is ” Hold the parent token to get the airdrop free tokens which airdrop is being done.
Sometime airdrop happen for forks, marketing and for decentralization and so on.
Most famous Airdrops
From the beginning on the cryptosphere many airdrops are happening. All the airdrops wear not famous whee free money is not no harm. Some of the airdrop etched in our memories as the biggest one. Already we have discussed about Bitcoin hard fork that was most famous airdrop in the past.
Ethereum Classic Airdrop
Callisto token (CLO) was distributed to ETC holders. It happened in March (1:1) with some excitement because this token was Cold Proof of Stake token. It’s price surge six month high as per Satoshi terms.
Stellar Lumens is another one of the big airdrop with 16 billion tokens last year. Every Bitcoin holder gets a part of the amount of Lumens. When they hold the coin before snapshot they just get the certain amount of receive free crypto Tokens.
What You Need To receive free crypto tokens
You will be eligible to get these airdrop token if you proof you weer the owner of those tokens or coins certain times of that blockchain. This free tokens giveaway generally like this: At a per-announced time the project behind the event will take a ”snapshot” of the blockchain, anyone holding Ethereum or Bitcoin at that point will receive a certain number of free e-tokens. This can also be done on other blockchains, but Ethereum and Bitcoin are the most used for this airdrop format.
All cryptocurrency wallets are not supported free airdrop tokens. It should be relevant and certain blockchain base. For example, if the block chain project is based Etherium and ERC20 tokens than you need to use certain wallets like MetaMask and MyEtherWallet those are supporting the tokens.
Another important thing is to receive free crypto tokens. You should have a reasonable amounts of the matching tokens so that as included snapshot just before airdrop happens. In this case if the airdrop project were not using the snapshot method, then you need to use social media accounts. Some project needs twitter accounts. In many cases, other project needs telegram account and so on.
How to launch an Airdrop?
You need some brainstorming in tho your account to lunching your airdrop projects. To complete the airdrop project you can take the software advantage. SnowFox Technologies are providing a platform to complete airdrop project with there KYC verification feature.
With fast and efficient way this promo technology builds on where investors can receive 1,000,000 addresses tokens. Corporate entities easily create and integrate tokens for their business. This company helps to design and customization for the airdrop projects.
Basic Requirement To Receive Free Crypto Tokens
To receive free airdrop token, you need a stable wallet that support the tokens or crypto coins. You also need the certain amount of parent token to get the certain coins.
There have no specific way to receive free token different company provide different offer to get tokens.
Before happen any airdrop just stays in the relevant token community and hold the amount of cryptocurrency tokens.
For example, you can hold Britain and Ethereum to get the airdrop future tokens.
You only get the token if the project is base on the relevant blockchain. Not all the Blockchain protocol are not allow airdrop.
How To Get Updated About Crypto Airdrops?
Various ways you can get updated about the crypto airdrops. One of the most effective ways to stay updated is to join cryptocurrency community that works in this area. Crypt is one of the community who work as this area. Already we have mentioned he links where you can get all the airdrop news details.
If you periodically visit that page you will get all the airdrop news there and take the advantage of free tokens. We provide many aspect about how to claim free airdrop tokens.
There have also some website and service where you can get the airdrop updates regularly. However, remember it that all the random airdrop is not worth participating. Beware about the fraudulent activities on the cryptosphere. Nevertheless, here have a short list.
Here is another way you can get announcement about the airdrop. It might be help to get updated about the relevant news and massages. – Links
How To Store Free Airdropped Crypto?
Calming your free crypto token can be varied projects to project. Different way you can collect your airdrop coins. For the forks airdrop coins, you will be needed to fully control privet key to secure your tokens. You can also know how to crate your public address with your secret keys.
Already we explained how to store and secure your coin/ tokens. I recommended to always to store your all cryptocurrency in the recommended wallets where you can fully control of your privets keys.
- Ledger Nano S (Hardware Wallet)
- Trezor (Hardware Wallet)
- Exodus (Desktop Wallet)
- MyEtherWallet (Web Wallet) etc..
Sometime you only need to get airdrop tokens in this way
- Sign-up Accounts
- Retweet Post
- Refer a friend To Join
- Join Telegram
- Or complete other social media tasks
Now we see everywhere are scammer on the crypto community so airdrop are not outside of them. Just keep is, mind you should not send your privet secret key for an airdrop project. You also need to remember to send any money or crypto someone to get the tokens/ coins. Simply follow this guideline to avoid any type of scammer or frauds. If you follow this guide, then you will earn free cryoto token and earn money from the airdrops projects.